BNP Paribas (OTCMKTS:BNPQY) Posts Earnings Results, Beats Estimates By $0.13 EPS

BNP Paribas (OTCMKTS:BNPQY) posted its quarterly earnings results on Thursday. The financial services provider reported $1.60 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.13, Zacks reports. BNP Paribas had a net margin of 23.86% and a return on equity of 9.61%. The business had revenue of $86.05 billion for the quarter, compared to analysts’ expectations of $15.84 billion.

BNP Paribas Price Performance

OTCMKTS BNPQY traded up $0.16 during trading hours on Friday, reaching $52.65. The company’s stock had a trading volume of 137,763 shares, compared to its average volume of 345,630. The stock has a market cap of $116.00 billion, a PE ratio of 8.91, a PEG ratio of 0.66 and a beta of 0.76. BNP Paribas has a fifty-two week low of $37.50 and a fifty-two week high of $57.31. The company’s 50-day moving average is $51.55 and its two-hundred day moving average is $48.09. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.80 and a current ratio of 0.80.

Analyst Ratings Changes

A number of research firms have recently weighed in on BNPQY. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BNP Paribas in a research note on Friday, February 6th. Citigroup reaffirmed a “buy” rating on shares of BNP Paribas in a research note on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BNP Paribas in a research note on Tuesday, February 17th. Keefe, Bruyette & Woods raised shares of BNP Paribas from a “hold” rating to a “moderate buy” rating in a research note on Friday, March 6th. Finally, Zacks Research cut shares of BNP Paribas from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 3rd. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

BNP Paribas Company Profile

BNP Paribas is a major international banking group headquartered in Paris, France, formed through the 2000 merger of Banque Nationale de Paris (BNP) and Paribas. The group provides a broad range of banking and financial services to retail, corporate and institutional clients, operating as one of the leading universal banks in Europe with a global footprint.

Its principal business activities encompass retail banking and services, corporate and institutional banking, and investment solutions.